Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Has everyone deserted this stock forum seams like a good company to me .
Anyone know what’s up with this stock why did someone buy 2million shares at close
It's a rigged market...
Shades of the Twilight Zone...
With $20 trillion between them, Blackrock and Vanguard could own almost everything by 2028
Two towers of power are dominating the future of investing
Author of the article:Rachel Evans, Sabrina Willmer, Nick Baker and Brandon Kochkodin, Bloomberg News
Publishing date:Dec 04, 2017 • December 4, 2017 • 6 minute read • Join the conversation
Historic short interest:
You can go to this link to check short interest in a stock:
http://nasdaqtrader.com/Trader.aspx?id=ShortInterest
Publication schedule is here:
http://nasdaqtrader.com/Trader.aspx?id=ShortIntPubSch
Settlement Date/Short Interest/Percent Change/
Average Daily Share Volume/Days to Cover
02/28/2022 18,076,832 (11.75) 3,255,580 5.55
02/15/2022 20,483,138 (21.40) 13,956,849 1.47
01/31/2022 26,058,979 7.13 3,837,308 6.79
01/14/2022 24,324,507 5.87 2,372,953 10.25
12/31/2021 22,974,778 (9.20) 3,032,737 7.58
12/15/2021 25,303,251 (1.81) 3,409,269 7.42
11/30/2021 25,770,773 11.96 4,369,487 5.90
11/15/2021 23,018,025 1.60 5,014,612 4.59
10/29/2021 22,655,570 4.01 3,873,731 5.85
10/15/2021 21,782,893 (4.50) 2,360,756 9.23
09/30/2021 22,808,322 0.69 3,641,949 6.26
09/15/2021 22,652,745 5.62 2,076,754 10.91
08/31/2021 21,447,945 11.79 3,876,956 5.53
08/13/2021 19,186,773 5.09 2,960,885 6.48
07/30/2021 18,257,806 17.06 2,991,514 6.10
07/15/2021 15,596,561 (4.18) 2,681,121 5.82
06/30/2021 16,276,478 17.08 4,589,990 3.55
06/15/2021 13,902,441 (6.69) 6,345,985 2.19
05/28/2021 14,899,131 (4.82) 3,626,331 4.11
05/14/2021 15,654,099 0.07 2,848,366 5.50
04/30/2021 15,642,676 (11.39) 2,669,928 5.86
04/15/2021 17,654,055 4.88 2,961,468 5.96
03/31/2021 16,832,162 5.86 3,737,942 4.50
03/15/2021 15,901,113 81.08 5,962,858 2.67
02/26/2021 8,781,066 29.61 6,086,623 1.44
02/12/2021 6,775,091 46.14 3,558,194 1.90
01/29/2021 4,636,131 (14.40) 5,146,261 1.00
01/15/2021 5,416,276 (37.23) 5,579,541 1.00
12/31/2020 8,628,110 15.04 11,153,759 1.00
12/15/2020 7,499,928 74.57 10,444,329 1.00
11/30/2020 4,296,335 46.90 2,066,108 2.08
11/13/2020 2,924,596 72.41 1,635,138 1.79
this thing ever going to break to the upside?
50000 left to short now
10000 shares to short today warrior Princess
#VLDR?? Amazon subsidiary deal! Price shooting! Should you buy? Trade plan! Chart analysis #Velodyne
Historic short interest:
You can go to this link to check short interest in a stock:
http://nasdaqtrader.com/Trader.aspx?id=ShortInterest
Publication schedule is here:
http://nasdaqtrader.com/Trader.aspx?id=ShortIntPubSch
Settlement Date/Short Interest/Percent Change/
Average Daily Share Volume/Days to Cover
01/14/2022 24,324,507 5.87 2,372,953 10.25
12/31/2021 22,974,778 (9.20) 3,032,737 7.58
12/15/2021 25,303,251 (1.81) 3,409,269 7.42
11/30/2021 25,770,773 11.96 4,369,487 5.90
11/15/2021 23,018,025 1.60 5,014,612 4.59
10/29/2021 22,655,570 4.01 3,873,731 5.85
10/15/2021 21,782,893 (4.50) 2,360,756 9.23
09/30/2021 22,808,322 0.69 3,641,949 6.26
09/15/2021 22,652,745 5.62 2,076,754 10.91
08/31/2021 21,447,945 11.79 3,876,956 5.53
08/13/2021 19,186,773 5.09 2,960,885 6.48
07/30/2021 18,257,806 17.06 2,991,514 6.10
07/15/2021 15,596,561 (4.18) 2,681,121 5.82
06/30/2021 16,276,478 17.08 4,589,990 3.55
06/15/2021 13,902,441 (6.69) 6,345,985 2.19
05/28/2021 14,899,131 (4.82) 3,626,331 4.11
05/14/2021 15,654,099 0.07 2,848,366 5.50
04/30/2021 15,642,676 (11.39) 2,669,928 5.86
04/15/2021 17,654,055 4.88 2,961,468 5.96
03/31/2021 16,832,162 5.86 3,737,942 4.50
03/15/2021 15,901,113 81.08 5,962,858 2.67
02/26/2021 8,781,066 29.61 6,086,623 1.44
02/12/2021 6,775,091 46.14 3,558,194 1.90
01/29/2021 4,636,131 (14.40) 5,146,261 1.00
01/15/2021 5,416,276 (37.23) 5,579,541 1.00
12/31/2020 8,628,110 15.04 11,153,759 1.00
12/15/2020 7,499,928 74.57 10,444,329 1.00
11/30/2020 4,296,335 46.90 2,066,108 2.08
11/13/2020 2,924,596 72.41 1,635,138 1.79
The second is a $6 LiDAR stock that is in a position to strike a major deal with Apple. There's no telling when this deal could happen, so you need to get ahead of it.
Which one will it be?
6 Lidar Companies Are Battling for Business. One Is Trumpeting Low Costs.
By Al Root Oct. 6, 2021 10:48 am ET
Self-driving cars are coming, and most automotive insiders believe they need lidar to reach full driving autonomy. That’s caused a land rush for lidar makers, which are rushing to launch products and establish themselves in the minds of global auto makers.
One of the lidar players—Innoviz (ticker: INVZ)—believes it can win the lidar wars by offering the lowest-cost technology.
https://www.barrons.com/articles/6-lidar-companies-are-battling-for-business-one-is-trumpeting-low-costs-51633531692
Might be enough for a short squeeze but it's also helpful to know where the median price of all puts and calls lands. That will help us understand what price it will require to see a great number of shorts close their position. Where does the pain lie?
Historic short interest:
You can go to this link to check short interest in a stock:
http://nasdaqtrader.com/Trader.aspx?id=ShortInterest
Publication schedule is here:
http://nasdaqtrader.com/Trader.aspx?id=ShortIntPubSch
Settlement Date/Short Interest/Percent Change/
Average Daily Share Volume/Days to Cover
11/15/2021 23,018,025 1.60 5,014,612 4.59
10/29/2021 22,655,570 4.01 3,873,731 5.85
10/15/2021 21,782,893 (4.50) 2,360,756 9.23
09/30/2021 22,808,322 0.69 3,641,949 6.26
09/15/2021 22,652,745 5.62 2,076,754 10.91
08/31/2021 21,447,945 11.79 3,876,956 5.53
08/13/2021 19,186,773 5.09 2,960,885 6.48
07/30/2021 18,257,806 17.06 2,991,514 6.10
07/15/2021 15,596,561 (4.18) 2,681,121 5.82
06/30/2021 16,276,478 17.08 4,589,990 3.55
06/15/2021 13,902,441 (6.69) 6,345,985 2.19
05/28/2021 14,899,131 (4.82) 3,626,331 4.11
05/14/2021 15,654,099 0.07 2,848,366 5.50
04/30/2021 15,642,676 (11.39) 2,669,928 5.86
04/15/2021 17,654,055 4.88 2,961,468 5.96
03/31/2021 16,832,162 5.86 3,737,942 4.50
03/15/2021 15,901,113 81.08 5,962,858 2.67
02/26/2021 8,781,066 29.61 6,086,623 1.44
02/12/2021 6,775,091 46.14 3,558,194 1.90
01/29/2021 4,636,131 (14.40) 5,146,261 1.00
01/15/2021 5,416,276 (37.23) 5,579,541 1.00
12/31/2020 8,628,110 15.04 11,153,759 1.00
12/15/2020 7,499,928 74.57 10,444,329 1.00
11/30/2020 4,296,335 46.90 2,066,108 2.08
11/13/2020 2,924,596 72.41 1,635,138 1.79
Historic short interest:
You can go to this link to check short interest in a stock:
http://nasdaqtrader.com/Trader.aspx?id=ShortInterest
Publication schedule is here:
http://nasdaqtrader.com/Trader.aspx?id=ShortIntPubSch
Settlement Date/Short Interest/Percent Change/
Average Daily Share Volume/Days to Cover
10/29/2021 22,655,570 4.01 3,873,731 5.85
10/15/2021 21,782,893 (4.50) 2,360,756 9.23
09/30/2021 22,808,322 0.69 3,641,949 6.26
09/15/2021 22,652,745 5.62 2,076,754 10.91
08/31/2021 21,447,945 11.79 3,876,956 5.53
08/13/2021 19,186,773 5.09 2,960,885 6.48
07/30/2021 18,257,806 17.06 2,991,514 6.10
07/15/2021 15,596,561 (4.18) 2,681,121 5.82
06/30/2021 16,276,478 17.08 4,589,990 3.55
06/15/2021 13,902,441 (6.69) 6,345,985 2.19
05/28/2021 14,899,131 (4.82) 3,626,331 4.11
05/14/2021 15,654,099 0.07 2,848,366 5.50
04/30/2021 15,642,676 (11.39) 2,669,928 5.86
04/15/2021 17,654,055 4.88 2,961,468 5.96
03/31/2021 16,832,162 5.86 3,737,942 4.50
03/15/2021 15,901,113 81.08 5,962,858 2.67
02/26/2021 8,781,066 29.61 6,086,623 1.44
02/12/2021 6,775,091 46.14 3,558,194 1.90
01/29/2021 4,636,131 (14.40) 5,146,261 1.00
01/15/2021 5,416,276 (37.23) 5,579,541 1.00
12/31/2020 8,628,110 15.04 11,153,759 1.00
12/15/2020 7,499,928 74.57 10,444,329 1.00
11/30/2020 4,296,335 46.90 2,066,108 2.08
11/13/2020 2,924,596 72.41 1,635,138 1.79
Whatever excitement bulls had over the last two days has been extinguished by the shorts. Volume was down 75% today and in line with average volume. As Rod Tidwell said: Show me the Money!
It's all about the revenue and earnings from now on.
VLDR is trying to break out of this long downward pattern. As mentioned a few posts earlier, VLDR is massively shorted so it will apparently take a lot more buying to get them to capitulate. Maybe wallstreetbets will take up the cause and drive the shorts for cover. It will have to close above $7.50 to even get their attention and so far any real advance into that area just meets with more selling.
Historic short interest:
You can go to this link to check short interest in a stock:
http://nasdaqtrader.com/Trader.aspx?id=ShortInterest
Publication schedule is here:
http://nasdaqtrader.com/Trader.aspx?id=ShortIntPubSch
Settlement Date Short Interest Percent Change Average Daily Share Volume Days to Cover
10/15/2021 21,782,893 (4.50) 2,360,756 9.23
09/30/2021 22,808,322 0.69 3,641,949 6.26
09/15/2021 22,652,745 5.62 2,076,754 10.91
08/31/2021 21,447,945 11.79 3,876,956 5.53
08/13/2021 19,186,773 5.09 2,960,885 6.48
07/30/2021 18,257,806 17.06 2,991,514 6.10
07/15/2021 15,596,561 (4.18) 2,681,121 5.82
06/30/2021 16,276,478 17.08 4,589,990 3.55
06/15/2021 13,902,441 (6.69) 6,345,985 2.19
05/28/2021 14,899,131 (4.82) 3,626,331 4.11
05/14/2021 15,654,099 0.07 2,848,366 5.50
04/30/2021 15,642,676 (11.39) 2,669,928 5.86
04/15/2021 17,654,055 4.88 2,961,468 5.96
03/31/2021 16,832,162 5.86 3,737,942 4.50
03/15/2021 15,901,113 81.08 5,962,858 2.67
02/26/2021 8,781,066 29.61 6,086,623 1.44
02/12/2021 6,775,091 46.14 3,558,194 1.90
01/29/2021 4,636,131 (14.40) 5,146,261 1.00
01/15/2021 5,416,276 (37.23) 5,579,541 1.00
12/31/2020 8,628,110 15.04 11,153,759 1.00
12/15/2020 7,499,928 74.57 10,444,329 1.00
11/30/2020 4,296,335 46.90 2,066,108 2.08
11/13/2020 2,924,596 72.41 1,635,138 1.79
10/30/2020 1,696,311 49.30 1,881,449 1.00
10/15/2020 1,136,188 (43.57) 3,563,783 1.00
09/30/2020 2,013,361 1,453,162 1.39
stop the internal arguing. start the run. VLDR :)
The founder of lidar maker Velodyne is going to war with his own SPAC
David Hall is out for revenge following his ouster as chairman of Velodyne’s board
David Hall, the founder of leading lidar manufacturer Velodyne, is going to war with the SPAC that acquired his company. In a letter, Hall is calling for the resignation of two of the company’s SPAC-appointed board directors, whom he blames for Velodyne’s “poor financial performance.”
It’s the latest twist in the increasingly dramatic saga of Velodyne, a top maker of the laser sensors that are viewed as crucial for the operation of autonomous vehicles. Last month, Hall was ousted as chair of the company’s board, and his wife, Marta Thoma Hall, was removed as its chief marketing officer. The board cited an investigation into “inappropriate behavior” by both Halls in its justification for their removal. Marta Hall remains a member of Velodyne’s board of directors, while David Hall resigned his position on March 2nd.
Now, David Hall is striking back by directly challenging the special purpose acquisition company, Graf Industrial Corp, that merged with Velodyne last summer. He is calling for the ouster of two of the SPAC’s chosen board members, Michael Dee and Christopher Thomas, and their replacement with an “independent” member of his own choosing.
“I WILL NOT STAND IDLY BY AND WATCH THE BOARD SQUANDER VELODYNE LIDAR’S BRIGHT FUTURE”
“I will not stand idly by and watch the board squander Velodyne Lidar’s bright future with what I believe is a lack of strategic focus and poor corporate governance,” Hall writes.
Hall accuses the board of making several questionable moves in recent months, including padding Velodyne CEO Anand Gopalan’s compensation “despite knowing the company would miss its 2020 projections.” He also claims that he and his wife were censured by the board “based on an opaque, secret investigation into frivolous claims.” Hall claims he was removed as chairman and his wife’s position was terminated “without reasonable justification.”
“This seemingly retaliatory move followed our attempt to hold Dr. Gopalan more accountable for the company’s weak performance and reconstitute the board with more experienced and highly-qualified public company directors,” Hall writes.
WHAT’S A SPAC?
A SPAC is a special purpose acquisition company — basically, a pile of cash reserved for a merger that went through the initial public offering (IPO) process. The entire point of the SPAC is to find a private company to merge with. When that happens, the target company essentially goes public without some of the hassles of the traditional IPO process.
There has been a lot more SPAC action than usual lately; The Wall Street Journal even declared 2020 a record year for SPACs. Companies such as Virgin Atlantic, Opendoor, Lordstown Motors, and Fisker have all gone through the process. For a more detailed explanation of how SPACS differ from IPOs, see our SPAC explainer.
Hall has long been revered in the world of autonomous vehicle technology as a pioneer in the use of laser sensors to enable AVs to “see” the world around them. Lidar, which stands for “light detection and ranging,” uses thousands of laser beams to sense objects and measure their distance. The cone- or cylindrical-shaped sensor perched on the roof of a vehicle has become synonymous with self-driving cars.
Ford was an early backer of Velodyne, investing $150 million in the company in 2017 along with Baidu, the Chinese search giant. Ford contributed $75 million of that total and held 13.1 million shares in the company. The automaker dissolved its stake in the lidar company earlier this month but noted that it would continue to use Velodyne’s sensors on some of its autonomous vehicles.
more...
VLDR - looks like November before this runs. VLDR
Patents: David S. Hall
https://patents.justia.com/inventor/david-s-hall
Velodyne showcases advanced rider and software solutions for intelligent transportation systems and mobile applications at IAA Mobility
September 06 2021 --05: 36PM
Business Wire
NI and Soul Robotics showcase rider-based solutions at Velodyne booth
(Business Wire) --Velodyne Lidar (Nasdaq: VLDR, VLDRW) will showcase innovative rider technology at the IAA Mobility (Hall B3, Booth A75) in Munich, September 7-12. Velodyne introduces technical leadership and a wide range of products in rider sensors and software. Velodyne's solutions are the foundation of autonomous applications that advance safe, portable and affordable mobility, infrastructure and security.
This press release uses multimedia. Click here for the full release. : Https://www.businesswire.com/news/home/20210906005314/ja/
Velodyne Lidar will display its technology leadership and product breadth in lidar sensors and software at IAA Mobility. Among the Velodyne products showcased are Velarray H800, a solid-state lidar sensor architected for automotive grade performance; Velarray M1600, an innovative solid-state lidar sensor designed to serve mobile robotic applications and Velabit ™, Velodyne's smallest sensor, which brings new levels of versatility and affordability to 3D lidar perception. (Photo: Velodyne Lidar)
Velodyne Lidar will display its technology leadership and product breadth in lidar sensors and software at IAA Mobility. Among the Velodyne products showcased are Velarray H800, a solid-state lidar sensor architected for automotive grade performance; Velarray M1600, an innovative solid-state lidar sensor designed to serve mobile robotic applications and Velabit ™, Velodyne's smallest sensor, which brings new levels of versatility and affordability to 3D lidar perception. (Photo: Velodyne Lidar)
Velodyne will host a press event at the IAA Mobility booth from 1:15 pm to 1:30 pm on September 6th. Velodyne executives will focus on how Velodyne's solutions provide performance, range and reliability to enhance your next-generation infrastructure and mobile applications. It also describes Velodyne's portfolio of compact solid-state sensors. Sensors can be incorporated into vehicle and robotics applications for a neat and stylish integration.
Eric Schmidt, Velodyne Lidar's Vice President of Europe, said: “We will show you how Velodyne's sensors and software will meet the broader customer needs of IAA mobility to enhance secure mobility and smart city infrastructure globally. Our booth will show the future. We are also exhibiting our partners at the forefront of bringing autonomous solutions to the market. Both NI and Seoul Robotics are of high quality with the goal of improving people's lives and increasing the safety of their communities. Recognized as a leader in providing solutions. "
Partner Exhibits Rider-Based Solutions
NI, the developer of automated testing and measurement systems, will co-exhibit at the Velodyne booth. NI presents a simulation optimized for Velodyne's rider sensors that can be used to develop and test Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicle (AV) features. The NI simulation solution facilitates the integration of Velodyne's sensors into the vehicle solution, reducing commercialization time and improving vehicle safety. NI provides how monoDrive AV simulation software uses Velodyne lidar technology to create the same digitally, or provides a validated physics-based sensor model for Velodyne lidar sensors. We will demonstrate how to do it.
Jeff Phillips, Marketing Director of NI's Transportation Business Unit, said: "Our ADAS and rider simulation capabilities help accelerate system development and deployment of ADAS and AV solutions that use Velodyne sensors. NI monoDrive Real to Virtual Technology is a reality from cameras, riders and GNSS systems. An end-to-end solution that collects world data to create high-fidelity digital twins and accelerates ADAS and AV development. By combining Velodyne's high-performance sensors with our simulation and verification capabilities. , Developers can test and validate the solution with a variety of highly scalable provisions before using the solution on the road. "
At the Velodyne booth, Automated with Velodyne partner Soul Robotics will demonstrate Velodyne's AI perception engine for rider sensors, which provides real-time object detection, classification, tracking and prediction for autonomous systems. AI engines can enable not only self-driving cars, but also smart city applications and advanced parameter monitoring systems for facilities. Soul Robotics' SENSR ™ perception software is perfectly suited to leverage Velodyne's rider sensor portfolio, including Puck ™, Ultra Puck ™, and Alpha Prime ™. Includes a computerized AI engine.
Velodyne focuses on high-performance sensors and software
The following Velodyne products are on display at IAA Mobility:
Velarray H800. A solid-state rider sensor designed for automotive-grade performance and built using Velodyne's groundbreaking Microrider Array Architecture (MLA). The sensor combines long-range perception with a wide field of view and is designed for safe navigation and collision avoidance in ADAS and autonomous driving applications. Advanced driver assistance functions such as inter-vehicle distance control (ACC), lane keeping support (LKA), and automatic pedestrian emergency braking (PAEB) can be realized. The Bella Ray H800's compact, implantable form factor fits neatly behind the windshield of trucks, buses and cars, and can even be smoothly mounted outside the vehicle.
Velarray M1600. An innovative solid-state rider sensor designed for mobile robot applications. Built using Velodyne's MLA, this sensor provides excellent short-range perception for secure navigation. The Bellaray M1600 enables non-contact mobile robots and last mile delivery robots to operate autonomously and safely without human intervention. This small, durable sensor can be deployed in a wide range of environmental and weather conditions and can be used 24 hours a day, 365 days a year.
Velabit ™. Velodyne's smallest sensor, it brings a new level of versatility and affordability to 3D rider perception. This compact mid-range rider sensor is flexibly configurable for special applications and can be incorporated almost anywhere in vehicles, robots, drones (UAVs) and infrastructure. Solid-state Bellabit advances Velodyne's mission to make high-quality 3D rider sensors easily accessible to everyone.
Vella ™. Velodyne's groundbreaking ADAS software based on the directional view sensor Bella Ray. Much better than existing camera and radar approaches, Bella will revolutionize advanced driver assistance features such as ACC, LKA and PAEB currently on the market. The Bella Development Kit (VDK) allows businesses to leverage the advanced capabilities of Bella software in their autonomous solutions. VDK enables enterprises to use their development resources more efficiently by reducing the time and effort required to integrate 3D lidar sensors into their applications.
About Velodyne Lidar
Velodyne Lidar (Nasdaq: VLDR, VLDRW) invented the real-time surround view rider sensor, bringing a new era of autonomous technology. Velodyne, the world leader in riders, has a reputation for a broad portfolio of groundbreaking rider technologies. Verodyne's revolutionary sensor and software solutions offer flexibility, quality and performance for a wide range of autonomous vehicles, advanced driver assistance systems (ADAS), robotics, unmanned aerial vehicles (UAVs), smart cities and security. Meet the needs of the industry. By constantly pursuing innovation, Velodyne is committed to promoting secure mobility for all and transforming lives and communities. For more information, please visit www.velodynelidar.com.
Forward-looking statement
This press release contains "forward-looking statements" as defined in the "Safe Harbor" clause of the Private Securities Litigation Reform Act of 1995. This includes, but is not limited to, all statements except past facts, including but not limited to Velodyne's target markets, new products, development efforts and disputes. In this press release, "estimate," "predict," "expect," "anticipate," "predict," "plan," "intention," "think," "seek," and " Words such as "may", "will", "can", "should", "future", "suggest" and their variants, similar expressions (or negative forms of such words and expressions) Is used to identify that it is a forward-looking statement. These forward-looking statements do not guarantee future performance, conditions or outcomes and include many known and unknown risks, uncertainties, assumptions and other important factors, many of which are It is beyond the control of Velodyne and actual results or outcomes may differ materially from those shown in the forward-looking statements. Key factors that can affect actual results or outcomes include uncertainty regarding the regulation and adoption of riders by the government, the uncertain impact of the COVID-19 Pandemic on Verodain and its customers' businesses, and Verodyne's growth. Ability to manage, Verodyne's ability to execute business plans, Verodyne's customers' ability to commercialize products and uncertainty about their final market acceptance, the speed and extent to which Verodyne products are accepted in the market. , The success of other rider and sensor related products and services that may exist or become available, the current litigation of Verodain or any litigation involving Verodain, or the intellectual property of Verodain. These include uncertainties about the validity and strength of rights and general economic and market conditions that affect the demand for Verodyne's products and services. Squirrels related to Velodyne's business For more information on credit and uncertainty, please refer to the Velodyne SEC filings in the “Financial Status and Performance Review and Analysis by the Background” and “Risk Factors” sections. This includes, but is not limited to, Form 10-K Annual Report and Form 10-Q Quarterly Report. All forward-looking statements in this press release are based on information available to Velodyne as of the date of this press release, and Velodyne is by law, regardless of new information, future events, or other reasons. We undertake no obligation to update or revise any forward-looking statement, except as required.
The official version of this press release is the original language version. The translated language version is provided for the convenience of the reader and has no legal effect. When using the translated language version as a material, please compare it with the original language version, which is the only version that has legal effect.
View the source version on businesswire.com: https://www.businesswire.com/news/home/20210906005314/en/
Investor Relations Velodyne
InvestorRelationsattovelodyne.Com
Media
Codeword
Liv Allen
Velodyneattocodewordagency.Com
Closely held:
LEI 549300JQOKE3P3PB2T84
Institutional Owners 200 total, 185 long only, 2 short only, 13 long/short
Shares Outstanding 195,558,910 shares
Institutional Shares 32,480,751 - 16.61% (ex 13D/G)
Institutional Value $ 339,422 USD ($1000)
.....
2021-06-16 13D/A Hall David S. 97,895,571 51.60
Historic short interest:
You can go to this link to check short interest in a stock:
http://nasdaqtrader.com/Trader.aspx?id=ShortInterest
Publication schedule is here:
http://nasdaqtrader.com/Trader.aspx?id=ShortIntPubSch
Velodyne Lidar, Inc. - Common Stock
Settlement Date Short Interest Percent Change Average Daily Share Volume Days to Cover
08/13/2021 19,186,773 5.09 2,960,885 6.48
07/30/2021 18,257,806 17.06 2,991,514 6.10
07/15/2021 15,596,561 (4.18) 2,681,121 5.82
06/30/2021 16,276,478 17.08 4,589,990 3.55
06/15/2021 13,902,441 (6.69) 6,345,985 2.19
05/28/2021 14,899,131 (4.82) 3,626,331 4.11
05/14/2021 15,654,099 0.07 2,848,366 5.50
04/30/2021 15,642,676 (11.39) 2,669,928 5.86
04/15/2021 17,654,055 4.88 2,961,468 5.96
03/31/2021 16,832,162 5.86 3,737,942 4.50
03/15/2021 15,901,113 81.08 5,962,858 2.67
02/26/2021 8,781,066 29.61 6,086,623 1.44
02/12/2021 6,775,091 46.14 3,558,194 1.90
01/29/2021 4,636,131 (14.40) 5,146,261 1.00
01/15/2021 5,416,276 (37.23) 5,579,541 1.00
12/31/2020 8,628,110 15.04 11,153,759 1.00
12/15/2020 7,499,928 74.57 10,444,329 1.00
11/30/2020 4,296,335 46.90 2,066,108 2.08
11/13/2020 2,924,596 72.41 1,635,138 1.79
10/30/2020 1,696,311 49.30 1,881,449 1.00
10/15/2020 1,136,188 (43.57) 3,563,783 1.00
09/30/2020 2,013,361 1,453,162 1.39
Lidar Technology Will Enable a Self-Driving Future. What to Know About 6 Stocks.
By Al Root
Updated June 21, 2021 / Original June 20, 2021
Order Reprints
Print Article
Lidar sensors are seen on the roof of a Toyota concept car
David McNew/AFP via Getty Images
Text size
Lidar is an exciting technology that will help enable self-driving cars, but it’s relatively new and expensive to put on vehicles. That leaves investors in a tight spot: How do they differentiate among all the new lidar stocks?
Lidar, or laser-based radar, is particularly good at seeing a long way down the road. And most auto makers plan to use a mix of lidar, radar, and optical cameras as the eyes of their self-driving cars.
There are six lidar stocks for investors to choose from. They all position themselves a little differently from one another. Here is a rundown of the six, in no particular order:
AEye, which is merging with the special-purpose acquisition company CF Finance Acquisition III (ticker: CFAC), is focused on biomimicry. Its lidar sensors and software will focus on an object like a human eye, as a way to allocate lidar resources to the most important things.
AEye is valued at about $2 billion, based on the number of share outstanding after the SPAC merger closes. It has a relationship with auto-parts giant Continental (CON.Germany) and plans to have products in cars by 2024. Sales in 2025 are projected to be $290 million.
Sales for AEye, and the others, will go into both automotive and industrial end markets.
AEye is targeting profit margins of 31% in 2025 based on Ebitda, or earnings before interest, taxes, depreciation and amortization.
Velodyne Lidar (VLDR) forecasts sales of $684 million in 2024 and Ebitda margins of 22%; its original projections don’t go out to 2025. Velodyne is valued at about $1.9 billion based on fully diluted, pro forma share count.
Ford Motor (F) was an early investor in Velodyne, which was one of the earliest lidar companies to merge with a SPAC. Velodyne initially focused its technology on delivery vehicles and robotaxis, commercial vehicles that earn revenue to spend on high-priced sensors. Lidar sensors can still run more than $1,000 apiece, compared with radar sensors that can cost a little as $30.
Luminar Technologies (LAZR) is the most valuable lidar company, at about $7.7 billion. It forecasts $837 million in 2025 sales and Ebitda margins of 44%. It has a relationship with Volvo and will have sensors on a production car relatively soon.
The company boasts the most “dense point cloud” of its competitors. The point cloud is the picture lidar paints. More points equals a better picture, a better view of the road and what’s coming at a vehicle.
Ouster (OUST) has the most aggressive revenue projections, expecting to generate sales of $1.6 billion in 2025 and Ebitda margins of 36%. It is aggressively pursuing other markets including robots as well as cars. Its market cap sits at $2.2 billion.
AEVA Technologies (AEVA) talks about its 4D lidar. The fourth dimension likely refers to motions as well as the spatial, 3D data. AEVA didn’t return a request for comment. The company also says it has “edge compute” lidar on a microchip. Some of the data processing is done by where the sensor is located.
AEVA foreasts $880 million in 2025 sales and 39% Ebitda margins. The company’s market cap is at $2.5 billion.
Innoviz Technologies (INVZ) is the last of the publicly traded, pure-play lidar stocks Barron’s looked at. It’s valued at roughly $1.5 billion and forecasts $581 million in 2025 sales and 31% Ebitda margins. Innoviz has a relationship with parts supplier Magna International (MGA) and wants to drive down the cost of sensors as fast as possible.
There will be lidar winners and losers. Investors can take a biotech-like approach and buy a basket of lidar stocks, betting the gains from winners might overwhelm losses from losers.
Investors could also buy the most valuable: Luminar. With new technologies, it often pays to buy the best, and right now the market is saying Luminar is the best.
Investors can also take Wall Street’s advice. Aeva is the most popular of the lidar stocks. Five out of five analysts covering the stock rate shares Buy. The average Buy-rating ratio for stocks in the S&P 500 is about 55%. The average Buy-rating ratio for five lidar stocks—AEye doesn’t have coverage yet, according to Bloomberg—is about 70%.
Investors can also do all the work required to differentiate among the technology platforms and management teams. That is the hardest path, but it might offer the highest potential reward approach. The first question those investors should ask is “show me your point cloud?”
Tesla Isn’t the Only Self-Driving Car Company. The Stocks to Buy—and Ones to Avoid.
By Al Root
Updated June 21, 2021 / Original June 18, 2021
The BMW 540i, pictured above in June, is running Aptiv’s Level 3 self-driving system. The test vehicle is one of many Aptiv operates on private and public roads in the Detroit area.
Photograph by Roy Ritchie
The sprint to develop a self-driving car has turned into a slog, one that leaves drivers no closer to buying one than they were five years ago, when Ford Motor promised a car with no steering wheel by 2021. But amid the broken promises, a fully automated car is closer than investors might realize.
If you’re looking to catch a cab from Las Vegas McCarran Airport and open the Lyft app, you’ll find, among the normal options, a choice for an autonomous taxi. When the car, a BMW 5 Series, pulls up, it doesn’t feel quite like the stuff of science fiction. There’s still a driver in the seat, talking to you as a cabbie would. But then you start to notice little things. The screen, like something out of 1982’s Tron, displaying pixelated jaywalkers, cars, and streetlights. The smoothness of the turns. The steering wheel moving—by itself. And when you pull up to your destination, you realize that it has been the lowest-key life-changing experience you’ve ever had.
Illustration by Tim Reynolds
Investors can be forgiven for having forgotten about the potential for autonomous vehicles, or AVs. Uber Technologies (ticker: UBER) sold its self-driving car business in December with far less fanfare than it started it. Lyft (LYFT) unloaded its AV unit to Toyota Motor (TM) this year. And even Tesla (TSLA) CEO Elon Musk’s promises about the looming arrival of fully autonomous driving have started to ring hollow. Stocks devoted to autonomous driving have dropped roughly 30% year to date, and 50% from 52-week highs, even as the S&P 500 index hit new records.
Yet autonomous driving is closer to reality than ever before. In Las Vegas, some of the newest Lyft robotaxis, built by an Aptiv (APTV)- Hyundai Motor (005380.Korea) joint venture called Motional, are autonomous, with no safety drivers. Lyft plans to add more cities to its AV fleet by 2023. Alphabet’s (GOOGL) Waymo has fully driverless cars on the road in Arizona. And General Motors (GM) is testing its self-driving taxis in San Francisco. The auto industry now has a credible path, backed by capital, to bring AVs to the masses. There are a lot of opportunities for investors, too, just not in the most obvious spots.
A white BMW 540i, photographed in Troy, Mich. on June 15, that is similar to the self-driving vehicles that Motional operates on the Lyft network in Las Vegas. It has 21 sensors, including radar, cameras and lidar sensors.
Photographs by Roy Ritchie
Autonomous driving has come a long way from the original Defense Advanced Research Projects Agency, or Darpa, challenge in 2004. SAE International, formerly the Society of Automotive Engineers, defines five levels of autonomy. Levels 1 and 2 offer assistance such as lane-keeping and adaptive cruise control—which makes most new cars these days somewhat autonomous. But when most people think of truly self-driving vehicles, they are thinking about Levels 3, 4, and 5, when the car is really doing all the work. At Level 3, the driver’s seat needs to be occupied, but the occupant doesn’t have to pay that much attention until told to by the car. Level 4 requires no human intervention in some settings, such as cities. Level 5 is true autonomy.
The airport taxi in Las Vegas was Level 4. Lyft has completed more than 100,000 autonomous rides with a safety driver. The driver was there because AVs are new, and Lyft is allowed to operate them on public roads. Casinos are private property. Soon, Motional cabs will make their way through the city to over 3,500 destinations with no drivers at all.
The benefits were clear. The car is a very good driver. It’s patient, signals all lane changes, and doesn’t zip around cars waiting to make right or left turns. It obeys speed limits. The drive is smooth. The cost: $15 to $35, the same as a regular Lyft ride.
AVs like Motional’s are enabled by a host of sensors to help them navigate city streets. There are cameras, which offer a 360° view of the road. Radar, a smaller version of those found in airport traffic-control towers, sees through bad weather and changing light. And then there’s lidar—short for laser-based radar—which is particularly good at seeing objects far off in the distance. All of that information is fed into advanced software in an onboard computer, which deciphers data and makes the ride possible.
None of that is cheap. The Motional-built Hyundai Ioniqs, which will be deployed by Lyft in cities beyond Las Vegas by 2023, might cost $150,000, an amount out of reach for most people. And even if the cars are affordable, there remains the problem of checking and calibrating self-driving sensors and upgrading software. This generation of AVs is commercial vehicles, and they need to earn revenue to justify the cost, putting them in direct competition with the 370,000 drivers for ride-hailing companies, cabs, and chauffeured cars in the U.S. That’s just a fraction of the 270 million or so vehicles registered in America, however. But just as antilock brakes and airbags penetrated the industry a generation ago, automatic emergency braking and adaptive cruise control are becoming standard offerings on many cars today, and more self-driving features are coming.
A Black BMW 540i with Aptiv’s Level 3 self-driving system on the road in Troy, Mich., on June 15. Aptiv was one of the first companies to put radar in a car.
Photograph by Roy Ritchie
Don’t expect it to come from Tesla. Musk keeps telling investors—and his Twitter followers—that the company is close to achieving full self-driving. That doesn’t seem to be the case, at least not by SAE standards. Tesla vehicles come with a basic driver-assistance function called Autopilot, which offers adaptive cruise control and lane-keeping assistance. For $10,000 more, drivers can upgrade to what the company calls full self-driving, or FSD, which helps in making highway lane changes and navigating exit ramps—still just Level 2. The kind of full self-driving that Musk touts, which could arrive by the end of 2021, will qualify as Level 3. But even then, drivers will need to be in the drivers’ seats, ready to take over.
There’s a reason for that. Tesla uses optical cameras—and only optical cameras, as of May—to manage the driver-assistance features. Everyone, save Musk, insists that lidar is required to reach Level 4 autonomy. Cost is thought to be one of the rationales for Musk’s cameras-only approach. Depending on the technology, lidar can cost $500 to $1,000 per sensor, doubling or tripling the cost of existing Level 2 systems available on passenger cars. “I think even if [lidar] was free, we wouldn’t put it on,” said Musk on his company’s third-quarter 2020 earnings conference call.
The problem for Tesla investors and the stock is the mismatch between expectations and reality. Morgan Stanley analyst Adam Jonas, for instance, attributes roughly a third of his $900 stock price target, or $300 billion, to “network services” and “Tesla Mobility”—FSD software sales and robotaxis, respectively—even though he doesn’t see the company delivering Level 4 or 5 cars before 2030. ARK Invest’s Cathie Wood sees Tesla’s Level 4 robotaxis on the roads potentially by 2024 or 2025, which is one reason that her target price for Tesla stock for 2025 is $3,000 a share, giving it a market cap of roughly $2.9 trillion. AV confusion is one more thing that investors will have to wrestle with for the stock, which was trading at a recent price of $616.60, having lost about a quarter of its value since mid-January.
Waymo currently has robotaxis on the streets of Arizona and plans to roll them out in other cities in coming years. Pictured above, Waymo's autonomously driven Jaguar I-Pace electric SUV.
Courtesy of Waymo
Not that Musk is wrong about lidar. It is very expensive. And for that reason alone, the six lidar companies that came public in 2020 and 2021 might find the sales targets they set hard to hit. Together, Innoviz Technologies (INVZ), Luminar Technologies (LAZR), Ouster (OUST), Velodyne Lidar (VLDR), Aeva Technologies (AEVA), and AEye (CFAC) project sales of $4.8 billion by about 2025. The discrepancies between individual company projections are particularly wide. Ouster projects sales of $1.6 billion by 2025. AEye projects just $290 million. Both are targeting similar customers and end markets. Both believe they have leading technology and software. Both can’t be right.
The same six companies expect earnings before interest, taxes, depreciation, and amortization, or Ebitda, of $1.7 billion. That’s an average profit margin of about 34%. The average profit margin for auto-parts suppliers is less than 10%. New technologies can offer superior margins because of the proprietary nature of their technology, or because the importance of the features makes customers insensitive to product pricing. Neither looks to be the case for lidar. Instead, lidar sensors are destined to be commodities, leaving investors betting implicitly on each company’s integration software.
What’s more, car companies are sensitive to feature pricing. An advanced safety system that enables Level 2 or 2-plus autonomy can cost up to $1,200. Car companies are unlikely to adopt lidar, which can cost that much per sensor, as long as prices are that high. History suggests that it could take a while. “It took 15 years to get radar into cars, years for optical cameras,” says AEye CEO Blair LaCorte. “Lidar will be in cars in five-to-seven years.”
The stocks poised to benefit from the shift to autonomous driving are General Motors, majority owner of self-driving car company Cruise, and Aptiv, the auto-parts supplier that has partnered with Hyundai in Motional.
The Pure Plays
Valuations differ wildly for the six lidar companies that have gone public during the past year.
Company / Ticker Recent Price YTD Price Change Market Value (bil) 2025E Sales (mil) 2025E Price/Sales
Luminar Technologies / LAZR $23.16 -32% $7.8 $837 9.3
Aeva Technologies / AEVA 10.93 -25 2.3 880 2.6
Ouster / OUST 11.45 -15 2.1 1,584 1.3
AEye / CFAC 10.01* -6 2.0 290 6.9
Velodyne Lidar / VLDR** 10.93 -52 1.9 684 2.8
Innoviz Technologies / INVZ 10.49 -27 1.5 581 2.6
E=estimate. *AEye is in the process of going public via a special purpose acquisition company and will trade under the ticker LIDR. **Financial estimates for 2024.
Sources: FactSet; company reports
Aptiv began life as Delphi Automative Systems, which was spun out of GM in 1999 and went bankrupt in 2005. Former CEO Rodney O’Neal started the transformation from a low-margin struggling supplier of commodity parts to a higher-margin, higher-growth business, one that now focuses on vehicle electrification and software for autonomous driving.
These days, Aptiv has the products and software capabilities to integrate all of the data coming from the sensors located all over the car. It can sell auto makers a complete Level 2 autonomous-driving system or just the components for one. Today, roughly 25% of sales come from “advanced safety systems,” industry jargon for autonomous-driving features. The balance comes from power and signal products. But there is a natural synergy between both divisions. The more complicated that cars get with sensors and data, the more sophisticated the power equipment they will need.
Kevin Clark, Aptiv's president and CEO, in a driverless test vehicle outside Motional’s Boston headquarters, its autonomous driving joint venture with Hyundai, on June 11.
Photograph by Tony Luong
Aptiv was one of the first companies to put radar in a car, in 1999. The systems cost $3,000 each and were the size of a tissue box. Today’s sensors are smaller and cost in the tens of dollars.
Aptiv stock isn’t quite flying under the radar. The stock has returned about 23% a year for the past five years and trades for 29 times estimated 2022 earnings of $5.10 a share, a premium to the S&P 500’s 20 times, and an even larger premium to the auto-supplier group’s 11 times. But sales are expected to rise about 11% a year on average for the next two years. Sales at large auto suppliers, by comparison, are expected to grow about 7% a year on average.
And none of this takes into account Aptiv’s half of Motional. “If this thing really works, the Motional JV stake...just your share of it, could be worth more than all of Aptiv,” said Morgan Stanley’s Jonas on the company’s fourth-quarter 2020 earnings conference call. He may be right. GM’s Cruise, for instance, is worth $30 billion, based on a Microsoft (MSFT) investment made earlier this year. Kevin Clark, CEO of Aptiv, says Motional doesn’t want to operate a taxi fleet as Cruise might, but that doesn’t mean it can’t. Motional is the hidden asset that represents a cherry on top of a great business. By Jonas’ math, Aptiv could be worth $205, up 30% from recent levels.
General Motors is another option for investors, thanks to its Cruise business. GM owns an estimated two-thirds of the company, making its stake worth roughly $20 billion. That would be nearly a quarter of GM’s $87 billion market capitalization. It also means that the company’s auto business is trading at about seven times 2022 earnings estimates of $6.78 a share.
The operations center for Alphabet’s Waymo, which has fully driverless cars on the road in Arizona.
Most analysts don’t give GM credit for its Cruise business, however. The autonomous-driving business profits are still theoretical, and for now Cruise is consuming, not earning, capital. Still, 90% of analysts covering GM stock rate it Buy. Their average price target is about $71 a share, up about 15% from recent levels. Adding Cruise could boost the target price to about $85 a share, up 41% from Thursday’s close of $60.08. Still, the big reason to be optimistic about GM stock is that the base car business is getting better. Like Aptiv, the hidden AV asset is a bonus on top of an improving business. Cruise was recently approved by the California Public Utilities Commission—the entity that regulates ride-hailing companies—to carry passengers in the state. “Cruise is making great, great progress,” says GM Chief Financial Officer Paul Jacobson.
Missing from the list is Waymo’s parent, Alphabet. Waymo just completed a $2.5 billion round of investment and operates its own ride-hailing network, with robotaxis on the streets of Arizona and plans to roll them out in other cities in coming years. It’s probably worth more than both Cruise and Motional. But even with a $50 billion valuation, it’s still just 3% of Alphabet’s market cap. Alphabet has its reasons for investing in Waymo—Google, in the past, has functioned like a technology incubator—but for now, at least, Waymo is just too small to move the needle.
Self-driving cars are the future—they’re just not the future of Alphabet’s business.
Tesla's technology might only take it to Level 3
*Value of the company's share of the AV unit.